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The Pros And Cons Of Auction Sales

June 15, 2011 | Author: Owen Jones | Posted in Auctions

Auction sales are helpful for all kinds of items, but there is a requirement for caution, because you will not have sight of the thing itself. This does not have to be a problem if you are buying something like bedding or dog’s food, but it can be vital if you are buying collectibles where condition is of prime concern.

Basic Information on Penny Auction Business Model

May 7, 2011 | Author: Kathy Jhones | Posted in Auctions

Just like the online auction, penny auction is a form of a business model where we have the sellers and the bidders for various product and services. This kind of an auction business is also known as a bidding fee auction which is a type of All-pay auction whereby all the participants involved are supposed to pay a non refundable initial fee before placing bids on the already displayed items by the sellers. This is what actually differentiates the penny auctions from the online auctions simply because with the latter, there is no fee required to be paid by the bidders. The seller is only supposed to set a low price and bidders place their bids accordingly increasing the price until the highest price quote by the bidder who eventually becomes the winner of the item.

Does Your EBay Auction Inspire Buyer Confidence? 5 True Tips to Help!

May 5, 2011 | Author: Strand Davis | Posted in Auctions

While there can be many ingredients to a successful auction, one of the most important fundamental aspects of any auction is creating confidence in the potential buyer viewing your auction. Although every auction should establish a bond of trust, this is even more important for you as a new seller because you can’t get by on good feedback alone; you simply won’t have garnered a sufficient number of ratings. However, feedback by itself is not everything, and many auction shoppers will gladly buy from you if they see a good deal and have belief that you will treat them honestly. This article will cover 5 key points to help build confidence in your buyer.

EBay Fees Explained

April 22, 2011 | Author: Strand Davis | Posted in Auctions

Are you one of the many people who find eBay seller fees hard to understand? If you have put off selling on eBay because the seller fees are confusing, then this article will clear away the confusion. As eBay has grown, its fee system has also become more involved. However, for a basic auction where you set an initial starting bid and then let visitors compete for your item, the fees are still relatively simple. In this article, I’ll have you making sense out of the seller fees in no time at all.